I think crypto can be regulated without taking these rather drastic measures.

I oppose any new regulations on leverged or inverse investment instruments. I have been investing in leveraged funds for 8+ years and fully understand their place in my portfolio. These should be open to any investor and not just privileged. There should be no special process or test required or review of my qualifications to allow their use. I am fully capable of understanding the risks and do not need you to protect me from myself.

Public investments should be available to all of the public, not just the privileged. I not regulators should be able to choose the public investments that are right for me and my family. I shouldn't have to go through any special process like passing a test before I can invest in public securities, including cryptocurrency funds such as BITO. I am capable of understanding cryptocurrency funds such as BITO and their risks. I do not need these measures imposed on me. Investing in cryptocurrency funds, such as BITO, is important to my investment strategies.

Free Market means free to invest where one sees fit. Keep your politics and your avarice out of my money matters!

I have the right to invest as I see fit. You should not have the right to restrict leveraged or inverse funds. I strongly request that you do not restrict these securities. Public investments should be available to all of the public, not just the privileged. I use inverse and leveraged funds to hedge and protect my account from losses in bear markets. Don't I have that right to protect my portfolio from bear markets?

RE: comments about Reg. Notice 22-08 Many of my friends prefer using financial professionals, I prefer self-directed platforms. As an individual on a self-directed platform, I've become much more aware and capable of managing the risks for products like leveraged ETFs. My 20+ year experience with these instruments is positive and they do what they advertise. Their beauty is in their simplicity, a 2x or 3x move on an underlying index is quite easy to understand and make corresponding risk calculations.

The government is trying to take away my freedom of speech and the right to own guns, now you want to take away my purchasing power. I hope you all go [REDACTED]

Please let me choose how to invest and what to invest, thank you.

Investors should not have to pass tests and we should be able to approve our own strategies. Limiting our ability to invest in leveraged and inverse funds just gives wealthy people and companies the ability to manipulate the market without giving individuals the right and ability to protect themselves from their schemes.

ABSOLUTELY SHUT DOWN THESE SPECULATOR OPPORTUNITIES FOR FAST MONEY WHILE DESTROYING INVESTMENTS FOR THEIR GREED!